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Browse More Listings in Hotel & Motel For Sale, Fort Myers Beach, FL or Florida

Hotel / Motel For Sale

Holiday Court Motel

925 Estero Blvd, Fort Myers Beach, FL 33931

Price:
$2,790,000
No. Rooms:
20
Building Size:
12,255 SF
Price/Room:
$139,500
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
4%
Lot Size:
28,793 SF
Find Out More...

Last Verified 11/4/2009 Listing ID 16397780

Description

Key West style, group of cottages and buildings surround a heated pool, located on a waterfront basin with boat dockage.Across from the county park and fishing pier. Close to Times Square, 1 minute walk or less. Perfectly maintained, sows very well. All units have kitchens. BBQ area and shuffleboards. Cap rate reflects non-local owner with higher expenses. Perfect for a local owner operator, best location on The Beach.

Over mantanzas pass bridge then 1st right , about 200 feet on right

Financial Summary

Actual
Net Operating Income
$89,850

Map of 925 Estero Blvd, Fort Myers Beach, FL 33931 (Lee County)

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Created 9/17/2009

Additional Information for 925 Estero Boulevard, Fort Myers Beach, FL 33931

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Holiday Court Motel

925 Estero Blvd, Fort Myers Beach, FL, 33931